Goals Quote by James P. Womack

“The most important task in specifying value, once the product is defined, is to determine a target cost based on the amount of resources…

— James P. Womack

“the value stream for specific products in a search for muda. To do this we have started to map out every step—each individual action—involved…

— James P. Womack

“Free and cheap helps.” So does making the entire process as easy and seamless as possible. The more you reduce the cost of consumption,…

— Ryan Holiday

“muda of complexity.”

— James P. Womack

“Disaggregating Costs You need to break down (segment and isolate) cost into its component parts, and you can do this in many different ways.”

— Victor Cheng

“downstream manufacturing operations often had too many parts (the muda of overproduction) or too few parts to meet the production schedule (producing the muda…

— James P. Womack

Costs do not exist to be calculated. Costs exist to be reduced.

— Taiichi Ohno

“How can you measure progress if you don't know what it costs and who has paid for it? How can the "market" put a…

— Arundhati Roy

The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or…

— Henry David Thoreau

Cost is the only issue when there is no value. When there is value, the cost is irrelevant.

— Carl A Dixon

“I ask them, “If the product were free, how many would you actually deploy or use?” The goal is to take pricing away as…

— Steven Gary Blank

“The waste of any resource is unnecessary and deplorable.”

— Steven Redhead